Indiabulls housing finance is buy on dips until it is trading above 100 levels , a higher low in the structure indicating bullishness , can buy on any dips towards 110 levels with SL at 90 for big targets in long term
Looking at the chart structure of BSE sensex , it is a possible breakout retest of the trend line and there is huge possibility of a big upside rally ahead . Index has fallen because of global issues and also the Adani saga , well this might be the right time to buy the dip as there is huge fear in the Market , expecting sensex to hit 70k levels from here , idea...
I am highly bullish on NIFTY50 index as it has formed a bullish CUP AND HANDLE PATTERN and if it breaks above major resistances of 18500-18700 resistance zones , by breakout i mean a monthly candle closing and then a retest , if this happens I'm expecting the index to touch 20k-21k levels in the near future
Valiant organics the stock is trying to break out of its dynamic resistance downtrendline which had kept the stock in bearish territory since OCT2021 , if it manages to breakout and sustain above it, a new bull run is awaited in the stock , 2 days to go for monthly candle closing and need the candle to close above 540 levels , buy on retest of supports towards...
Powergrid is looking good for an upmove , breakout of monthly inside bar candle, stock had formed a rounding bottom structure and has broken out of its major resistance zones of 232 levels , as long as its above this levels , there is a high chances of good upside in the stock , my SL will be 225 or a monthly candle closing below my resistance . Targets of 265/295
TATA CHemicals is consolidating heavily since DEC2022 and can move in a single direction any day * BUY above 1000-1020 levels for a target of 1140 levels *Stock is forming a structure of rounding top hence SELL below 950 levels , target of 870 levels
S&P500 index is looking good for a rally in the coming days , with a downward trendline breakout showing a possible trend change in the index , and also a good inside bar breakout on monthly time frame , retest is done and if this monthly candle(MAY) manages to close above the zones of 4140 , a possible bulll momentum of 9-10% can be seen in the index in coming...
Is the UK index or the FTSE100 index ready for a big rally in the coming days ??charts show a highly bullish breakout and also sustaining above the resistance of 7600 levels , index has almost 20% upside open before any major hurdles , 6 days to go for monthly candle closing and a closing above 7600 levels can give a confirmation of coming rally , view invalid if...
The stock COFORGE is buy on every dips as long as its above 4100 levels , keep sL at 4000 levels and buy gthe dips , risk reward is highly favourable and can give good targets of 4900/5100/5500 in coming days if view goes right
Indian rupee looks too weak and is getting ready for another fall against US DOLLAR , another 2-3% depreciation can be seen in Rupee in coming days , confirmation is below level of 0.01207 (above 83rupees)
Tech mahindra , the IT giant which had fallen almost 50% from its 2021 highs has been consolidating in a range from 1150 to 1000 levels for more than 300 days , any breakout on either side will give huge movements on either sides , on upside if theres breakout the stock can test 1400 levels (20%) , on downside if theres a breakdown a big fall is possible towards...
The banknifty index is stuck in a range from 44150 to 43500 levels , any breakout or breakdown of these levels can give a directional move in the index , on the downside expect banknifty to touch 42800 levels if the range is broken downside ,higher probability trade will be on the upside if all time highs of index ie 44150 levels gets broken , one can enter on...
BANK OF BARODA has formed a rounding bottom pattern and looks good for a long above 188-190 levels (weekly candle breakout retest needed) with around 5-6% of stop loss ,for targets of 207 and towards all time highs of 228 levels , a breakout above all time highs will take the stock higher very quickly where sky is open
Reliance industries is looking good for a short from current price for a short term duration(need good breakdown retest on daily time frame else invalid) , towards targets of 2350-2340 levels which is a major support zones , and a positional long can be considered from same levels with small SL of 3-4% and potential bigger reward on the upside
HDFC BANK looking good for a long , with just 3% of SL max and a good reward if goes as expected , SL is tight and small and am expecting the bank to make new all time highs very sooner
BALKRISHNA INDUSTRIES is looking good for a swing trade above levels of 2230(weekly candle breakout and retest) for targets of 2400/2600/2700 and sky is open above all time highs for bigger targets , a series of higher lows showing buyers coming and need a breakout above 2230 for a possible trend change towards upside , RR looks favourable
Stock has formed a good double bottom structure and a breakout above 80-85 levels can give a good move towards 100-110 levels in medium to long term duration
Possible bottom formation in the stock INDIA CEMENTS , with chart making a higher low cleary showing new buyers coming inthe stock looks good to be bought above the resistance levels of 190-195 for targets of 215/230 in coming days . PS : Price has to breakout above and sustain above the resistance , view changes if breakout fails